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  6. 1st National Bank of Scotia Acquires Scautub Agency

M&A Deal Summary

1st National Bank of Scotia Acquires Scautub Agency

On July 31, 2013, 1st National Bank of Scotia acquired insurance company Scautub Agency

Acquisition Highlights
  • This is 1st National Bank of Scotia’s 1st transaction in the Insurance sector.
  • This is 1st National Bank of Scotia’s 1st transaction in the United States.
  • This is 1st National Bank of Scotia’s 1st transaction in New York.

M&A Deal Summary
Date 2013-07-31
Target Scautub Agency
Sector Insurance
Buyer(s) 1st National Bank of Scotia
Deal Type Add-on Acquisition

Target

Scautub Agency

Schenectady, New York, United States
Scautub offers a wide range of insurance from personal auto and home to commercial business.

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Buyer(S) 1

Buyer

1st National Bank of Scotia

Scotia, New York, United States
Category Company
Founded 1923
Sector Financial Services
DESCRIPTION

1st National Bank of Scotia has been serving the families and businesses of our region since 1923. It offer a banking services including online banking, loans and investments.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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